Rentokil Initial (LON:RTO) Reaches New 52-Week Low – Time to Sell?

Rentokil Initial plc (LON:RTO) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 315.30 ($4.09) and last traded at GBX 320 ($4.15), with a volume of 10226604 shares changing hands. The stock had previously closed at GBX 323.40 ($4.19).

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on RTO. JPMorgan Chase & Co. cut their price target on Rentokil Initial from GBX 440 ($5.71) to GBX 430 ($5.58) and set a “neutral” rating on the stock in a research note on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft cut their price target on Rentokil Initial from GBX 485 ($6.29) to GBX 465 ($6.03) and set a “buy” rating on the stock in a research note on Friday, March 7th.

Rentokil Initial Stock Down 1.1 %

The business has a fifty day moving average of GBX 388.76 and a 200 day moving average of GBX 403.38. The firm has a market cap of £8.02 billion, a P/E ratio of 20.53, a P/E/G ratio of 0.56 and a beta of 0.55. The company has a quick ratio of 1.76, a current ratio of 1.04 and a debt-to-equity ratio of 113.35.

Rentokil Initial (LON:RTO) last released its quarterly earnings data on Thursday, March 6th. The company reported GBX 21.25 ($0.28) EPS for the quarter. Rentokil Initial had a return on equity of 9.50% and a net margin of 7.25%. On average, equities research analysts predict that Rentokil Initial plc will post 25.8725561 EPS for the current year.

About Rentokil Initial

Rentokil Initial plc, together with its subsidiaries, provides route-based services in North America, the United Kingdom, rest of Europe, Asia, the Pacific, and internationally. It offers a range of pest control services for rodents, and flying and crawling insects, as well as other forms of wildlife management for commercial customers.